diff --git a/CHANGELOG.md b/CHANGELOG.md
index 264120e56..72611ba85 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,8 +1,10 @@
 # Changelog
 
 ## [Unreleased]
+
+## [1.5.0] - 2018-08-26
 ### Added
-- Ability to use alternate output streams rather than stdin and stdout by setting `Context.console`.
+- Ability to use alternate output streams rather than stdin and stdout by setting `Context.console` or by passing a console to `TermUI` functions.
 
 ## [1.4.0] - 2018-07-31
 ### Added
diff --git a/README.md b/README.md
index 3f19dc075..3d14b40c8 100755
--- a/README.md
+++ b/README.md
@@ -82,7 +82,7 @@ Clikt is distributed through [Maven Central](https://mvnrepository.com/artifact/
 
 ```groovy
 dependencies {
-   implementation 'com.github.ajalt:clikt:1.4.0'
+   implementation 'com.github.ajalt:clikt:1.5.0'
 }
 ```
 
diff --git a/gradle.properties b/gradle.properties
index 013f9abf9..5ab48e61e 100755
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,2 +1,2 @@
 GROUP=com.github.ajalt
-VERSION_NAME=1.4.0
+VERSION_NAME=1.5.0